A fundamental macroeconomic problem in Zimbabwe is that the sum of public-sector projects is greater than the resources available to finance them. The government’s difficulty in discerning the macroeconomic limitations on new initiatives was greatly increased by the unusual circumstances of...

A striking feature of South Africa's trade liberalisation is that, until 2995, it did not involve any import liberalisation. The focus of earlier liberalisation wsa the reduction of the anti-export bias, and, on the import side, the replacement of QRs with equivalnet tariffs and other duties....

This is a pioneering study of the determinants of the subjective well-being of ethnic minority people in rural China, using a specially designed sample survey relating to 2011. The underlying hypothesis is that the lifestyle and attitudes of ethnic minorities contribute to their happiness. Five...

The paper uses the Lewis model as a framework for examining the labour market progress of two labour-abundant countries, China and South Africa, towards labour shortage and generally rising labour real incomes. In the acuteness of their rural-urban divides, forms of migrant labour, rapid...